My grandmother is putting her home on the market, very desirable neighborhood and a rapidly growing & family friendly city within 1 hour of Minneapolis (Rochester, MN). I've been reading about BRRRR and am thinkin...
Hi all! My husband and I live in the central valley of CA and are planning to purchase a house hack in - hopefully - early 2020. It sounds like in order for an investment to be a good deal, we need to have double our ...
I have a question re: BRRR.When you borrow money from your property to buy another, it seems that you depend on the rental income to make the payment for you. Thus, you will have to pay the expense if you are vacant. ...
What are some great resources that cover the entire process of analyzing multifamily deals? I've been reading a lot of material and watching many videos on the topic, but I just want to see the process broken down ove...
This property isn't hitting the 2% rule but it is a little better than 1%. Purchase price $52K Rent $600.
Why can't I make this cash flow positive?
Purchase Price $50K
Closing costs $2K
Down payment $10K
Financed ...
Hey Guys! I Love these forums so figured I'd throw a unique calculation I'm working on for those of you who like the numbers:The property is a 4 family in a hot suburb of Boston in the great state of Massachusetts.By...
I'm writing in hopes of getting some advice about how to tackle a situation that I'm dealing with regarding the water bill. Here's the background:-I recently purchased a duplex and am occupying one unit and renting t...
Hey all,I'm going to keep this as short as possible so I don't take up too much of your time! I am a 22 year old senior at Clemson University. I've had a full time job since I was 18, and for the past year I've been a...
Hi guys, a family member of mine is trying to refinance his property with a commercial lender. I am just wondering what would happen to his DTI ratio if the lender refinances his property and does not report the new l...
I Have never considered accepting Section 8 vouchers but am curious to hear what other peoples experiences have been. I have heard a few horror stories. Anyone have some good experiences to share?